Granite Ridge Resources (GRNT) director reports 16,026-share restricted stock award
Rhea-AI Filing Summary
Granite Ridge Resources director receives restricted stock award
A director of Granite Ridge Resources, Inc. reported receiving a grant of 16,026 shares of common stock as a restricted stock award. The award was granted under the company’s 2022 Omnibus Incentive Plan and is scheduled to fully vest on January 2, 2027. The shares were reported at a price of $0, reflecting that this is an equity compensation grant rather than an open-market purchase. Following this award, the director beneficially owns 60,143 shares of Granite Ridge Resources common stock in direct ownership.
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FAQ
What insider transaction did Granite Ridge Resources (GRNT) report in this Form 4?
The filing reports that a director of Granite Ridge Resources, Inc. received a restricted stock award of 16,026 shares of common stock as equity compensation.
What type of shares were granted to the Granite Ridge Resources (GRNT) director?
The director received restricted stock in the form of a 16,026-share award of Granite Ridge Resources common stock.
When will the restricted stock granted by Granite Ridge Resources (GRNT) vest?
The restricted stock award granted under the 2022 Omnibus Incentive Plan is scheduled to fully vest on January 2, 2027.
What price was reported for the Granite Ridge Resources (GRNT) restricted stock grant?
The Form 4 shows the 16,026 restricted shares were reported at a price of $0, indicating they were granted as compensation rather than bought on the market.
How many Granite Ridge Resources (GRNT) shares does the director own after this transaction?
After the reported restricted stock award, the director beneficially owns 60,143 shares of Granite Ridge Resources common stock in direct ownership.
Under which plan did Granite Ridge Resources (GRNT) grant the restricted stock?
The 16,026-share restricted stock award was granted under the Granite Ridge Resources, Inc. 2022 Omnibus Incentive Plan.